Under a _____ Provision, the Employer Pledges Not to Oppose

question 27

Multiple Choice

Under a _____ provision, the employer pledges not to oppose organizing attempts elsewhere in the company.

• A)fair share
• B)union shop
• C)neutrality
• D)card-check
• E)checkoff

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Definitions:

Restrictive Covenants

Clauses in a contract that limit certain actions of the parties involved, often used in employment agreements and loan documents to protect business interests.

Call Provision

A feature in certain debt instruments that allows the issuer to repay the debt before its maturity date, usually at a specified call price.

Sinking Fund

A fund established by an organization to set aside revenue over a period for the future repayment of debt.

Rating Agencies

Companies that assess the financial strength of entities and their capabilities to meet financial commitments, providing ratings that indicate the risk level of investing in their debt.